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In reply to the discussion: Phoenix mom misses deadline for kids' trust fund [View all]hollysmom
(5,946 posts)and she spent a lot of money on him.
I would be surprised if there was money left.
But here is the thing, she could be a very gullible person,
she could be someone that never had money so she thought it would last a long time and it didn't
here is the thing, when my father worked to place disadvantaged kids in jobs, most kids would lose jobs right away, but his didn't because he bought and taught them how to use an alarm clock, many had never had one. He went over the bus schedules and how much they would need for bus fare every day, he took them through the routes. he taught them how to have a job. I don't think anyone ever taught this woman how to have money. How to divide and allocate it. I realize she had enough money to get a car, probably had a job for a while. but that could have been because she had a parent who helped her, she might not have that anymore. Some times I think it is not the rich who need life coaches, but people who have never been taught how to pay bills, etc. For example, I married a guy who just had money in his pocket and spent it.lived with his mother until we were married, first month we were out of money before the month was over, I had to take over and keep the money in my name only until I could train him, He had to write the checks, but I had to sign them,. he had to work out the budget for the month, but I would approve it, He had to learn how to keep enough money to pay for bus fare through the month and food and what ever. It was not easy, but he was pretty darn lucky I was his first wife.